SIP Investment: Franklin India Focused Equity Fund has given excellent returns to investors during the last 20 years. During this period, the company made people who made regular investments millionaires.
SIP, Mutual fund scheme: Experts regarding mutual funds and stock market always advise investors to always make investments keeping the long term in mind. Besides, there has been continuity in investment also. Due to this, there is a possibility of getting higher returns and the fund also becomes bigger. Today we will tell you about one such mutual fund which made investors millionaires with a continuous investment of Rs 10,000. Let us know in detail –
What was the CAGR?
Franklin India Focused Equity Fund was launched 16 years ago in July 2007. Since then, this fund has been successful in giving returns of 14.33 percent CAGR. In such a situation, if an investor had made a monthly investment of Rs 10,000 during the last one year, his return would have increased to Rs 1.46 lakh. During the last one year, this fund has given a return of 36.55 percent.
How much return did you get in 10 years?
If an investor had taken SIP for 3 years, he would have got a return of Rs 4.96 lakh on an investment of Rs 3.6 lakh. Similarly, a person who has been investing for 5 years would have got a return of Rs 10.26 lakh on an investment of Rs 6 lakh.
Investor become millionaire
A person investing Rs 10,000 regularly in this fund for the last 10 years would have got a return of Rs 36.47 lakh on an investment of Rs 12 lakh. At the same time, investors who have trusted this fund for 20 years have so far received a total return of Rs 97.58 lakh on the investment amount of Rs 20 lakh.
(Mutual funds are subject to market risks. Consult experts before making any investment.)
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